^Azure made a huge jump. Guess that justifies MS stock price as well. Google Cloud would be shitcanned as a product already if it weren't so braindead for them to offer it...
azure provides infra to host all the saas companies. if azure is booming, i take it the saas companies must be having a good qtr too.
holy, warrants up 40% today, good volume on underlying. was going to hodl this as an "investment"; tempting me to flip it @PWR what's your read on IRNT as a swing trade? edit: 50% now
Naaaah. I had a nice position in NET. Loved NET. But it fell victim to some of the market pull-back a few months ago and I pulled out with my tail between my legs. Probably my biggest regret of the bunch.
I took 2 day trades on it yesterday. Made some money. As for a swing, I would be cautious. The EMAs are turning fast, so I would definitely keep an eye on it (maybe take a small gamble at this point). They aren't stacked just yet... but might be with another good day or two. If you're already in it for cheap, I would hold and see what happens. A few more big volume days and you're gonna kill it.
HUDI has 555 followers on stocktwits, and no social media buzz. The most quiet runner in the stock market, lol. You gotta love quiet money.
https://ir.kla-tencor.com/news-even...ion-reports-fiscal-2022-first-quarter-results Good qtr for KLAC, 35% topline growth, beat earnings by ~30%, cashflow, buybacks. up 7% in pre.
while MSFT is catching its breath, just closed this bullish CALL spread for a credit of $4.65 still have 3 10-pt bullish PUT spreads which will likely expire worthless on 10-29
after consolidating around the 62% retracement level, APPS has been inching towards the top of the cup ~~ low to mid 90s
price can be irrational selling off after good earnings, but i'm comfortable just holding my shares thru earnings on Monday. based on googl and peri earnings, i think earnings are more likely to be good than bad, due to APPS' revenue skew towards android (and not ios). the main potential headwind i can think of is if new android phone sales are down badly due to supply chain issues, a good portion of their revenue comes from pre-loading apps on new phones. this will also be first full qtr with all of their recent acquisitions reporting. hope to see synergies improving bottomline.
Facebook changes company name to Meta https://www.cnbc.com/2021/10/28/facebook-changes-company-name-to-meta.html shares are up! lol.
I'm partial to SPI's electric/solar truck that debuts in November. Mainly because their stock made me have one of the best trading days ever last year when it ran 1500% on 9/23 (lol). I'll never forget it ran from $3 to $46 in a few hours. Stock is below $6 today, I may buy some shares just in case it runs after the car show debut.
what a copycat ! the former Ron Attest had formally changed his name to Meta World Peace7/8 yrs ago
Amazon and Apple getting smoked after hours. AMZN with back-to-back bad ER…and has been dead money for 16 plus months.
Not that bad, I think both misses have been priced in to a certain extent. AWS growth accelerated again. Saas companies must be doing well.
Finally went through and read about Amazon's quarter. It looks like AWS was great but the supply constraints in labor costs got them. It will definitely be a good opportunity to buy more soon for both companies.
F-it; fomo'd and bought a few shares to hold. Want to own some in case they really become the next trillion dollar public cloud. If it crashes back to earth buy dip.
